First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

First Trust Industrials/Producer Durables AlphaDEX Fund (NYSEARCA:FXR – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $86.63 and traded as high as $87.16. First Trust Industrials/Producer Durables AlphaDEX Fund shares last traded at $87.16, with a volume of 15,220 shares.

First Trust Industrials/Producer Durables AlphaDEX Fund Stock Up 2.6%

The stock has a market capitalization of $710.35 million, a price-to-earnings ratio of 17.44 and a beta of 1.07. The business has a 50-day simple moving average of $84.55 and a two-hundred day simple moving average of $86.63.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of FXR. Elevation Wealth Partners LLC acquired a new position in shares of First Trust Industrials/Producer Durables AlphaDEX Fund in the 3rd quarter worth approximately $31,000. GAMMA Investing LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at approximately $32,000. Atwood & Palmer Inc. acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at approximately $33,000. Signature Equity Partners LLC acquired a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter valued at approximately $38,000. Finally, Physician Wealth Advisors Inc. bought a new stake in First Trust Industrials/Producer Durables AlphaDEX Fund during the third quarter worth approximately $39,000.

First Trust Industrials/Producer Durables AlphaDEX Fund Company Profile

(Get Free Report)

First Trust Industrials/Producer Durables AlphaDEX Fund (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield of an equity index called the StrataQuant Industrials Index (the Index). The Index is an enhanced index created and administered by the AMEX, which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index. The AMEX constructs the Index by ranking the stocks, which are members of the Russell 1000 Index on growth factors, including 3, 6 and 12-month price appreciation, sales to price and one year-sales growth, and separately on value factors, including book value to price, cash flow to price and return on assets.

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